Census Tract 515, Rensselaer, New York

Census Tract 515 is a Low-Income CommunityOpportunity Zone located in Rensselaer, New York.

This 1.4 square milecensus tract has a population of approximately 2,500and is one of 4 Opportunity Zones in Rensselaer County.

The adjacent map shows the location of this Opportunity Zone in New York.

Census Tract 515 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

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Median Household Income

$37K

This Opportunity Zone has a median household incomeof approximately $37,000, which is 49% lowerthan the median household income for the state of New York of $72,000.

Poverty Rate

31%

The percentage of households below the poverty line in this Opportunity Zone is 31%, which is 18% higherthan the rate for the state of New York of 13%.

Median Home Value

$110K

This Opportunity Zone has a median home valueof approximately $110,000, which is 68% lowerthan the median home value for the state of New York of $340,000.

Education

83%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 5% lowerthan the rate for the state of New York of 88%.

Median Age

34

This Opportunity Zone has a median ageof approximately 34, which is 13% lowerthan the median age for the state of New York of 39.

New York OZ Funds

There are 20QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify New Yorkas a target market. Additional OZ funds may also invest in New York; see a complete list of Opportunity Zone Funds here.

Fund Name Asset Classes Property Types Fund Size
Alliant Strategic Opportunity Zone Fund I, LLC Business, Real Estate Affordable Housing, Mixed-Use, Workforce Housing $125M
Beacon Rose Opportunity Zone Fund Real Estate Industrial, Mixed-Use, Multi-Family Housing, Residential, Student Housing $100M
Certes Partners Opportunity Zone Fund Real Estate Affordable Housing, Commercial, Mixed-Use, Office, Residential $50M
Community Outcome Fund Business, Real Estate Commercial, Infrastructure, Mixed-Use, Residential $500M
First Harvest Opportunity Fund Business Farmland $100M
Fundrise Opportunity Fund Real Estate Commercial, Mixed-Use, Residential $500M
Heritage Equity Partners Opportunity Zone Fund Real Estate Commercial, Mixed-Use, Multi-Famliy Housing, Residential $100M
KindCare Assisted Living Business, Real Estate Residential, Senior Housing $30M
Local Grown Salads Baltimore Opportunity Zone Fund Business, Real Estate Farmland, Industrial $10M
Niagara Falls North Development Fund One, L.P. Real Estate Mixed-Use $25M
Normandy Opportunity Zone Fund LP Real Estate Commercial, Industrial, Mixed-Use, Office, Residential $250M
ODG Fund I Real Estate Commercial, Mixed-Use, Multi-Family Housing, Residential $650M
RXR Realty Opportunity Zone Fund Real Estate Commercial, Mixed-Use, Office $500M
Saxum Opportunity Zone Fund Real Estate Industrial, Office, Residential $100M
Shorewood Opportunity Zone Fund Real Estate Affordable Housing, Mixed-Use, Residential $250M
Somerset Partners Opportunity Zone Fund Business, Real Estate Mixed-Use, Residential $200M
Strategic Rivermont OZ Fund, LLC Real Estate Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing $100M
Sundance Bay Qualified Opportunity Zone Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential $100M
Viceroy Equities B’KOZ Opportunity Zone Fund Real Estate Commercial $75M
Woodforest CEI-Boulos Opportunity Fund Real Estate Workforce Housing $22M

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